Jupiter Topco LLC Buys Shares of 408,245 Helios Technologies, Inc $HLIO

Jupiter Topco LLC purchased a new position in shares of Helios Technologies, Inc (NYSE:HLIO) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 408,245 shares of the company’s stock, valued at approximately $36,438,000. Jupiter Topco LLC owned about 1.24% of Helios Technologies as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. BlackRock Inc. bought a new position in Helios Technologies during the second quarter valued at $231,414,000. Wellington Management Group LLP increased its position in Helios Technologies by 114.9% in the fourth quarter. Wellington Management Group LLP now owns 1,997,527 shares of the company’s stock worth $106,848,000 after buying an additional 1,067,846 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Helios Technologies by 3.5% in the third quarter. Dimensional Fund Advisors LP now owns 1,626,796 shares of the company’s stock worth $84,806,000 after buying an additional 55,206 shares during the last quarter. Jennison Associates LLC raised its stake in shares of Helios Technologies by 30.1% in the first quarter. Jennison Associates LLC now owns 1,035,977 shares of the company’s stock valued at $67,038,000 after buying an additional 239,876 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of Helios Technologies by 7.9% in the second quarter. Bank of America Corp DE now owns 932,366 shares of the company’s stock valued at $31,113,000 after buying an additional 68,182 shares during the period. Institutional investors own 94.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on HLIO. JPMorgan Chase & Co. increased their price target on Helios Technologies from $100.00 to $110.00 and gave the stock an “overweight” rating in a research note on Wednesday, August 12th. Robert W. Baird lifted their price objective on Helios Technologies from $81.00 to $85.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Wall Street Zen cut Helios Technologies from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Zacks Research downgraded shares of Helios Technologies from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 21st. Finally, KeyCorp increased their target price on shares of Helios Technologies from $85.00 to $95.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $96.25.

Helios Technologies Price Performance

Shares of NYSE:HLIO opened at $72.97 on Friday. The company has a 50 day moving average of $81.08 and a 200 day moving average of $75.82. The stock has a market cap of $2.40 billion, a P/E ratio of 34.10 and a beta of 1.27. Helios Technologies, Inc has a 12 month low of $47.01 and a 12 month high of $95.05. The company has a current ratio of 2.74, a quick ratio of 1.53 and a debt-to-equity ratio of 0.35.

Helios Technologies (NYSE:HLIO) last posted its earnings results on Monday, August 10th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.08. Helios Technologies had a net margin of 8.01% and a return on equity of 11.43%. The business had revenue of $231.90 million for the quarter. During the same quarter in the prior year, the company earned $0.59 earnings per share. The business’s revenue for the quarter was up 9.1% compared to the same quarter last year. Helios Technologies has set its FY 2026 guidance at 3.050-3.250 EPS and its Q3 2026 guidance at 0.700-0.770 EPS. As a group, sell-side analysts forecast that Helios Technologies, Inc will post 3.19 EPS for the current fiscal year.

Helios Technologies Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.12 dividend. The ex-dividend date of this dividend was Friday, July 10th. This represents a $0.48 annualized dividend and a dividend yield of 0.7%. Helios Technologies’s dividend payout ratio is presently 22.43%.

Insider Activity

In related news, insider Matteo Arduini sold 6,027 shares of the stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $90.42, for a total value of $544,961.34. Following the sale, the insider owned 11,317 shares in the company, valued at approximately $1,023,283.14. This trade represents a 34.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.50% of the company’s stock.

Helios Technologies Company Profile

Helios Technologies, Inc develops and manufactures engineered motion control and electronic control products for a wide range of industrial and mobile equipment applications. The company’s Hydraulics segment designs and produces hydraulic cartridge valves, manifold systems, pumps and motors, filtration solutions and off-highway joysticks. Its Electronic Controls segment offers programmable electronic control units, wireless telematics, human-machine interfaces and software to optimize performance, efficiency and safety for equipment OEMs and end users.

Through its global network of manufacturing facilities, service centers and technology centers, Helios Technologies serves markets in agriculture, construction, material handling, mining, municipal and recreational vehicles, as well as industrial automation and infrastructure equipment.